Property Overview: 28 Fairway Place
This well-established Ridgedale home presents a unique blend of space, privacy, and recreational potential. Its key appeal lies in its exceptionally large, over 8,700 sqft lot—a rarity that offers both room to breathe and significant future possibilities. The property features a finished basement, an in-ground pool, and a generous 1,740 sqft of living space in a classic two/one-storey layout. Built in 1976, the home is solidly positioned, ranking in the top 10% of Winnipeg for lot size and overall assessed value.
This home would particularly suit buyers who prioritize outdoor living and private space over an attached garage. It’s ideal for families or entertainers who can make full use of the pool and expansive yard, or for value-conscious purchasers who see the long-term potential in a large, mature lot. The strong city-wide value ranking suggests a property that holds its worth, appealing to those looking for a stable investment in a quiet neighborhood.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this property to others on its street, in Ridgedale, and across all of Winnipeg. For example, being in the "top 9%" for lot size in Winnipeg confirms the parcel is genuinely larger than most, while rankings for age and value help contextualize its market position.
2. There's no garage. How is vehicle parking handled?
The listing does not specify parking arrangements. Prospective buyers should investigate the driveway capacity and any potential for adding a garage or carport, given the ample lot size which could allow for such an addition.
3. The house was built in 1976. What should I consider?
A home of this age may have undergone updates, so inquiring about the age of major systems (roof, windows, HVAC, pool equipment) and the electrical/plumbing is essential. The finished basement should also be checked for proper moisture proofing.
4. How does having a pool impact the property?
The pool is a major recreational feature but requires seasonal maintenance and carries ongoing costs for insurance, utilities, and repairs. It significantly enhances summer livability but is a consideration for buyers who may not want the responsibility.
5. The assessed value is $559,000. Is this the listing price?
No, the assessed value is for municipal tax purposes. The listing price is set by the seller and can be higher or lower based on market conditions, the home's specific updates, and seller motivation. It serves as a useful benchmark, but not a direct price tag.